on productive efficiency‚ which can be assessed by looking at changes in average costs at each stage of production. How does a firm expand? A firm can increase its scale of operations in two ways. 1. Internal growth‚ also called organic growth 2. External growth‚ also called integration - by merging with other firms‚ or by acquiring other firms By growing‚ a firm can expect to reduce its average costs and become more competitive. Long run costs The firm’s long run average cost shows what is happening
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job opportunities in China has been increased when Nokia(the hand phone company from Finland) enter into China`s market and this has created over 25‚000 jobs for the citizens resides there. So with this it has helps to settled the unemployment problems which it is the main factor of poverty. However‚ there are also some critics about globalisation arises (Please refer to appendix 1.0(b) for more information about Critics On Globalisation). So due to development of globalisation it also contributes
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Are Americans ready for smaller is better? Strategic Development and Implementation Introduction America‚ a nation which when it comes to cars has historically sided on the bigger is better side of the spectrum is being invaded by smaller‚ more economically conscious vehicles. Fiat has been manufacturing smaller for years‚ overseas in Europe‚ Brazil and even China. With the acquisition of the American made Automotive company Chrysler in 2009‚ Fiat has launch a marketing campaign to finally
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Thomas Hobbes argued that without strictly enforced rules‚ the degree of competitiveness between people was such that they would constantly be locked in a relentless and chaotic struggle against one another. He also argued that the people are rational‚ therefore they would recognize the need for strong government in order to restrain their selfish desires and evade turmoil in society. This is further supported by Durkheim when he stated‚ some ways must be found to bind the unsatisfied desire. However
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Task No. 3 Monday 11:00am Tutorial Introduction: Nintendo Co. Ltd has experienced a recent decline in sales as a result of the rising popularity of smartphone gaming apps. The information sheet addresses the company’s thoughts to introduce a free-to-play format of a Steel Diver video game in an attempt to entice customers back to the brand. Macro-Environmental Analysis: Demographic Forces: Changing demographic forces have undoubtedly contributed to deteriorating sales. Gamers who played
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Issues and challenges faced by working mothers The Hindus believe that the utmost respect must be paid to the mother; only then even to the God. The Chinese says that a mother understands what a child does not even have to say. The Muslims believe that the heaven lies on the sole of a mother. Regardless of which religious background a person is from‚ a mother is deeply regarded as the most pure human being on earth. A famous philosopher‚ Pearl S. Buck had once quoted that “Some are kissing mothers
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Chapter 3 Problems 1. Dental Delights has two divisions. Division A has a profit of $200‚000 on sales of $4‚000‚000. Division B is only able to make $30‚000 on sales of $480‚000. Based on the profit margins (returns on sales)‚ which division is superior? 3-1. Solution: Dental Delights Division A Division B [pic] Division B is superior 3. Bass Chemical‚ Inc.‚ is considering expanding into a new product line. Assets to support this expansion
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Effectiveness of Internal Auditor in Controlling Fraud and Other Financial Irregularities in Private Universities in South-West‚ Nigeria. ADETOSO‚ Jonathan Adegoke1 OLADEJO‚ Kayode Samson2 AKESINRO‚ Abayomi Sunday3 Department of Accounting‚ Joseph Ayo Babalola University‚ P.M.B 5006 Ikeji-Arakeji‚ Osun State‚ Nigeria. Email of the corresponding Author: gokeadetoso@yahoo.com‚Kay_oladejo83@yahoo.com sunkesh75@yahoo.com Abstract The study examined the effectiveness of internal auditor in controlling fraud
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Learning Zone Analytical Procedures – A Powerful Tool for Auditors (Relevant to Paper 8 – Principles of Auditing and Management Information Systems) David Chow FCCA‚ FCPA‚ CPA (Practising) Audit tests Auditors normally carry out the following types of audit tests to determine whether financial statements are fairly stated: (i) procedures to obtain an understanding of internal control (ii) tests of controls (iii) substantive tests: • substantive tests of transactions; • analytical
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The Namesake is about this perpetual dilemma faced by immigrants as they struggle to maintain their identities while trying to shake them off at the same time. The story was about adaptation and learning acculturing and also discovering new things about themselves while finds itself presented with two conflicting realities and cultures and sets of expectations - one of the host countries through the socio-cultural surroundings and the other of the home country through their parents. Whereas
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